China Sunergy Signs Contract with INFiNi

China Sunergy

today announced that it signed a sales contract of 1.65MW of solar modules with INFiNi Group ("INFiNi"), a well-known conglomerate headquartered in Osaka, Japan. China Sunergy's solar modules will be shipped by the end of October 2012 and installed in Okayama First Solar Plant in Japan, the first ground-mounted solar project of INFiNi. INFiNi Group is operating and expanding globally in many industries, including PV power plant investment and management.  Mr. Tomoyuki Oyakama, CEO of INFiNi, noted, "This solar project is a significant milestone of INFiNi, and demonstrates our devotion to expanding our solar business with a focus on project investments. China Sunergy has been a reliable partner of INFiNi since October 2010, and we are pleased that the two companies have made solid progress together in the Japan market." Based on Solarbuzz research report, Japan's annual photovoltaic installations reached 1.24 GW in 2011, an increase of 29% compared to 2010, which drove the cumulative installation capacity up to 4.8 GW